501 Avenue G Se, Winter Haven, FL 33880
- $319,900
- 4
- BD
- 2
- BA
- 1,816
- SqFt
- List Price
- $319,900
- Status
- Active
- Days on Market
- 0
- MLS#
- O6436311
- Property Style
- Single Family
- Year Built
- 1955
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,816
- Lot Size
- 10,511
- Acres
- 0.24
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Fanning Sub
- MLS Area Major
- Winter Haven/Eloise/JPV/Wahnetta
Property Description
INVESTMENT OPPORTUNITY + INCOME-PRODUCING PROPERTY + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, a unique single-family property grandfathered for multi-family use, offering flexibility for INVESTORS, HOUSE HACKERS, MULTI-GENERATIONAL LIVING, or OWNER-OCCUPANTS looking for rental income! Situated on a LARGE LOT, the property is currently configured as TWO SEPARATE LIVING UNITS with PRIVATE ENTRANCES AND SEPARATE YARD AREAS. The front residence features 3 BEDROOMS, 1 BATH, laminate flooring, and a dedicated laundry room, while the rear 1 BEDROOM, 1 BATH unit is currently TENANT OCCUPIED AT $1,220/MONTH by a reliable tenant who pays on time and is happy to discuss extending the lease—providing IMMEDIATE RENTAL INCOME for the next owner. Live in the front while collecting rent from the rear to help OFFSET YOUR MONTHLY MORTGAGE, or add this property to your rental portfolio as an INCOME-PRODUCING ASSET. For buyers looking for VALUE-ADD POTENTIAL, the existing layout provides an opportunity to reconfigure the property by creating a middle studio-style living space and converting the front residence to a 2-bedroom, 1-bath configuration. With NO HOA, separate living areas, existing rental income, a large lot, and additional upside potential, this property offers multiple possibilities for today's savvy buyer. Increase its overall value and rental potential. Property is being sold AS-IS. Whether you're searching for a HOUSE HACK, MULTI-GENERATIONAL HOME, RENTAL PROPERTY, VALUE-ADD INVESTMENT, PASSIVE INCOME OPPORTUNITY, or PRIMARY RESIDENCE WITH ADDITIONAL INCOME, this is one you don't want to miss!
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Additional Information
- Taxes
- $3610
- Minimum Lease
- 1-7 Days
- Community Features
- No Deed Restriction
- Property Description
- One Story, Attached
- Zoning
- R-1B
- Interior Layout
- Primary Bedroom Main Floor, Thermostat
- Interior Features
- Primary Bedroom Main Floor, Thermostat
- Floor
- Laminate
- Appliances
- Refrigerator
- Utilities
- Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Private Entrance, Private Yard
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Carport
- Elementary School
- John Snively Elem
- Middle School
- Denison Middle
- High School
- Winter Haven Senior
- Pets
- Allowed
- Pet Size
- Extra Large (101+ Lbs.)
- Flood Zone Code
- X
- Parcel ID
- 26-28-28-610700-000090
- Legal Description
- FANNING SUBDIVISION PB 35 PG 16 LOT 9
Listing courtesy of LPT REALTY, LLC. 877-366-2213
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